MCLEAN, Va., Jan. 11, 2011 /PRNewswire/ -- Gladstone
Investment Corporation (Nasdaq: GAIN) (the "Company") announced
today that its Board of Directors elected Jack Reilly to the Board to fill a vacancy.
(Logo:
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)
Since 1987, Mr. Reilly has been the President of Reilly
Investment Corporation, which provides advisory services and
financing to public and private companies involved in real estate
financing. Mr. Reilly served as President and CEO of Reilly
Mortgage Group, Inc. from 1976 to 1984, before the company was sold
to Perpetual Savings Bank. From 1971 to 1976 Mr. Reilly served as
Vice President at Walker & Dunlop, Inc., which specialized in
commercial loan origination, joint ventures and HUD programs. Prior
to that, he worked as a Research Engineer for the Crane Company
after serving in the U.S. Navy as a Supply Officer from 1964 to
1967. Mr. Reilly received a Bachelor of Arts and a Bachelor
of Science, Mechanical Engineering from University of Notre Dame and an MBA from
Harvard Business School. He is involved
in many notable charities in the Washington, D.C. area.
Gladstone Investment Corporation is a publicly traded business
development company that seeks to make debt and equity investments
in small and mid-sized businesses in the
United States in connection with acquisitions, changes in
control and recapitalizations. Information on the business
activities of all the Gladstone Funds can be found at
www.gladstonecompanies.com.
For Investor Relations inquiries related to any of the monthly
dividend paying Gladstone Funds, please visit
www.gladstone.com.
SOURCE Gladstone Investment Corporation